Chennai Fair Pro 2013: New Proposal From CREDAI to Benefit Buyers..!

The management team at CREDAI Chennai, has been looking at ways & means to help and facilitate customers to buy properties with ease. Keeping this in mind, the latest initiative in this direction, is to bring seven (7) leading banking institutions under one roof to participate in loan mela in 2 venues.

One at OMR will be held at Aloft Hotel on 14th & 15th February, 2013 and at Vijay Mahal, T.Nagar, Chennai on 16th & 17th February, 2013.

The participating institutions are..!

HDFC Bank

AXIS Bank

SBI

LIC Housing Finance

India Bulls

PNB Housing Finance and

ICICI Bank.

All this banks will make special offers exclusively worked out for Fair Pro.

The prospective buyers can visit any of these venues & get a sanction letter based on their Income, age etc...! and the requirement of each bank. This will help them to choose a property accordingly and in time at the most important property fair titled FAIR PRO 2013 scheduled in the 3rd weekend of February 2013 that is February 22 to 24  at the Chennai Trade Center. They can also discuss with other banks at the same venue and get the best deal possible.

Mr.Sureeh Krishn, Secretary, CREDAI - Chennai

Mr.Sureeh Krishn, Secretary,  CREDAI- Chennai said, ''Yes, banks have been giving loans to prospective buyers after due deligence. Banks compete among themselves to attract customers by offering different packages in a variety of schemes. What we have done is to talk to a few leading banks and asked them what they could do more then the regular routine to help the buyer with loans etc...! Based on this discussion most of the banks have come back with a slew of offers which will positively impact the purchase decision."

Mr.Mathew Joseph, HDFC

Mr.Mathew Joseph, HDFC mentioned that they were extremely happy with the response from Fair Pro over the last 5 years. In fact the number has increased in terms of loan sanctioning year on year and this would be no different he said. He complimented the organizers of Fair Pro for the excellent arrangements and continnous innovation every year. By which the Fair has become a brand and is looked forward to by all. 

Mr.Siva Gurunathan, Convenor, Fair Pro said. “This year (2013) is the 6th year in a row when Chennai’s biggest and most popular property fair will be held at the Chennai Trade Centre”.

Above 70 Builders have confirmed their participation. A highly credible platform for buyers sellers and financial institutions to come together for a mutually beneficial transaction. A wide spectrum of  properties approved by bankers and regulatory bodies will be available to choose from. 

 About CREDAI..!

Confederation of Real Estate Developers' Associations of India (CREDAI) is the apex body of the organized Real Estate Sector with Developers across the State as well as India representing Pan State Associations or  / Real Estate and Housing Developers. The objective is to promote housing and real estate development in an organized, systematic and cohesive manner. To liaise with Government Bodies and effectively represent the views and needs of the industry. Twenty state / city associations in eighteen states of India are members of CREDAI at the National level. There are 6000 plus member developers which forms 60 % of the real estate development of the country.

For further information contact

 Mr. P. N. Easwaran , General Manager

Confederation of Real Estate Developers' Associations of India - Chennai
Mob : +91 9840575234
No. 11, Challa Mall,  Theyagaraya Road, 
T. Nagar, Chennai – 600017 
Ph : +91 44 24350129, Telefax : +91 44 42126369,
 Email: gm@credaichennai.in, Web Site:  www.credaichennai.in 

For Media Contact

Mr.Satyan Bhatt, Prism PR, 98400 85411.

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